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❕NEWS ElephantSwap - Decentralized Finance on the Harmony Blockchain

bonijida

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ElephantSwap

Summary:

Fair launch — $.005 starting price on 10/16/21
ElephantSwap — A fork of ViperSwap - https://elephant.ac/#/swap
Elephant token (ELEPHANT) — a revenue generating governance token governing the Elephant Protocol ecosystem on Harmony.
Yield farming — stake ONE/USDC, ONE/ELEPHANT, ONE/ETH, & ELEPHANT/xELEPHANT
Emphasis on future pools for pairs with high volume on the harmony bridge.
Join our Discord Channel to connect with the community and the team - https://discord.com/invite/6fFvUghhg7

Tokenomics
500,000,000 max token cap with 95% of the rewards locked up. Tokens will slowly release starting approximately July 2022 over 1 year. We’ve built in 4 treasuries to help development on https://elephant.ac/#/swap.

Pre-Mint ELEPHANT tokens
The treasuries fall under the same lockup schedule as the token rewards and so in order to facilitate early development, we have pre-minted 5,000,000 ELEPHANT tokens.

First Dice Game
Our first dice game will be a simple one and uses only one six sided die, the rules are as follows:

1. The player places a bet (in ELEPHANT) that the next dice roll will be on a certain number (1–6)
2. The bet is burned.
3. If the player guesses the outcome of the die roll successfully

This dice game will be the first burn mechanism we will implement.

ElephantCraps
Once the first game has been fully tested by the devs and community, we will expand the game to be a recreation of the popular casino game Craps. It will function similarly to the first dice game, but with the rules of craps. Pray that you don’t roll a seven!

If you have any ideas, suggestions, or concerns to the roadmap above, please join us on discord to discuss!

Deployed Website
https://elephant.ac (others incoming)
 

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